Common use of Discontinuance of Employment Clause in Contracts

Discontinuance of Employment. This Agreement shall not give the Optionee a right to continued employment with the Company or any parent or subsidiary of the Company, and the Company or any such parent or subsidiary employing the Optionee may terminate his/her employment at any time and otherwise deal with the Optionee without regard to the effect it may have upon him/her under this Agreement.

Appears in 44 contracts

Samples: Stock Option Agreement (Capella Education Co), Stock Option Agreement (Capella Education Co), Stock Option Agreement (Proto Labs Inc)

AutoNDA by SimpleDocs

Discontinuance of Employment. This Agreement shall not give the Optionee a right to continued employment with the Company or any parent or subsidiary of the CompanyAffiliate, and the Company or any such parent or subsidiary Affiliate employing the Optionee may terminate his/his or her employment at any time and otherwise deal with the Optionee without regard to the effect it may have upon him/him or her under this Agreement.

Appears in 15 contracts

Samples: Incentive Stock Option Agreement (Valuevision Media Inc), Incentive Stock Option Agreement (Fsi International Inc), Employment Agreement (Valuevision Media Inc)

Discontinuance of Employment. This Agreement shall not give the Optionee a right to continued employment with the Company or any parent or subsidiary of the Companythereof, and the Company or any such parent or subsidiary thereof employing the Optionee may terminate his/his or her employment at any time and otherwise deal with the Optionee without regard to the effect it may have upon him/him or her under this Agreement.

Appears in 10 contracts

Samples: 1998 Stock Incentive Plan Incentive Stock Option Agreement (Allaire Corp), Nonstatutory Stock Option Agreement (Allaire Corp), 1998 Stock Incentive Plan Incentive Stock Option Agreement (Allaire Corp)

Discontinuance of Employment. This Agreement shall not give the Optionee a right to continued employment with the Company or any parent or subsidiary of the Company, and the Company or any such parent or subsidiary employing the Optionee may terminate his/her employment at any time and otherwise deal with the Optionee without regard to the effect it may have upon him/her under this Agreement.

Appears in 8 contracts

Samples: Stock Option Agreement (Wilsons the Leather Experts Inc), Stock Option Agreement (Wilsons the Leather Experts Inc), Wilsons the Leather Experts Inc

Discontinuance of Employment. This Agreement shall does not give the Optionee a right to continued employment with the Company or any parent or subsidiary of the Company, and the Company or any such parent or subsidiary employing the Optionee may terminate his/her employment at any time and otherwise deal with the Optionee without regard to the effect it may have upon him/her under this Agreement.

Appears in 5 contracts

Samples: Non Statutory Stock Option Agreement (Hutchinson Technology Inc), Non Statutory Stock Option Agreement (Hutchinson Technology Inc), Incentive Stock Option Agreement (Hutchinson Technology Inc)

Discontinuance of Employment. This Agreement shall not give the Optionee Recipient a right to continued employment with the Company or any parent or subsidiary of the Company, and the Company or any such parent or subsidiary employing the Optionee Recipient may terminate his/her employment at any time and otherwise deal with the Optionee Recipient without regard to the effect it may have upon him/her under this Agreement.

Appears in 4 contracts

Samples: Restricted Stock Agreement (Capella Education Co), Restricted Stock Unit Agreement (Capella Education Co), Restricted Stock Agreement (Life Time Fitness Inc)

Discontinuance of Employment. This Agreement shall not give the Optionee Employee a right to continued employment with the Company or any parent or subsidiary of the Company, and the Company or any such parent or subsidiary employing the Optionee Employee may terminate his/her employment at any time and otherwise deal with the Optionee Employee without regard to the effect it may have upon him/her under this Agreement.

Appears in 4 contracts

Samples: Restricted Stock Agreement (Life Time Fitness, Inc.), Restricted Stock Agreement (Life Time Fitness, Inc.), Restricted Stock Agreement (Life Time Fitness, Inc.)

Discontinuance of Employment. This Agreement shall not give the Optionee Employee a right to continued employment with the Company or any parent or subsidiary of the Companythereof, and the Company or any such parent or subsidiary thereof employing the Optionee Employee may terminate his/his or her employment at any time and otherwise deal with the Optionee Employee without regard to the effect it may have upon him/him or her under this Agreement.

Appears in 3 contracts

Samples: Nonstatutory Stock Option Agreement (Buffets Inc), Nonstatutory Stock Option Agreement (Buffets Inc), Nonstatutory Stock Option Agreement (Buffets Inc)

Discontinuance of Employment. This Agreement shall not give the Optionee Employee a right to continued employment with the Company or any parent or subsidiary of the Company, and the Company or any such parent or subsidiary employing the Optionee Employee may terminate his/his or her employment at any time and otherwise deal with the Optionee Employee without regard to the effect it may have upon him/him or her under this Agreement. From and after the termination of employment of the Employee, the Holder will no longer be entitled to be issued any RUs under this Agreement.

Appears in 2 contracts

Samples: Restricted Unit Agreement (Advanced BioEnergy, LLC), Restricted Unit Agreement (Advanced BioEnergy, LLC)

Discontinuance of Employment. This Agreement shall not give the Optionee a right to continued employment with the Company or any parent or subsidiary of the Company, and the Company or any such parent or subsidiary employing the Optionee may terminate his/her his employment at any time and otherwise deal with the Optionee without regard to the effect it may have upon him/her him under this Agreement.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (KonaTel, Inc.), Incentive Stock Option Agreement (KonaTel, Inc.)

Discontinuance of Employment. This Agreement shall not give the Optionee a right to continued employment with the Company or any parent or subsidiary of the Company, and the Company or any such parent or subsidiary employing the Optionee may terminate his/her their employment at any time and otherwise deal with the Optionee without regard to the effect it may have upon him/her them under this Agreement.

Appears in 2 contracts

Samples: Employee Incentive Stock Option Agreement (KonaTel, Inc.), Employee Incentive Stock Option Agreement (KonaTel, Inc.)

AutoNDA by SimpleDocs

Discontinuance of Employment. This Agreement shall not give the Optionee Employee a right to continued employment with the Company or any parent or subsidiary of the Company, and the Company or any such parent or subsidiary employing the Optionee Employee may terminate his/his or her employment at any time and otherwise deal with the Optionee Employee without regard to the effect it may have upon him/her under this Agreement.

Appears in 1 contract

Samples: Share Unit Agreement (Stellent Inc)

Discontinuance of Employment. This Agreement shall not give the Optionee a right to continued employment with the Company or Company, any parent or subsidiary of the CompanyCompany or any successor entity, and the Company or Company, any such parent or subsidiary or any such successor entity employing the Optionee may terminate his/her employment at any time time, change the Optionee’s employment responsibilities and terms of employment, and otherwise deal with the Optionee without regard to the effect it may have upon him/her under this Agreement.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (SPS Commerce Inc)

Discontinuance of Employment. This Agreement shall not give the Optionee a ---------------------------- right to continued employment with the Company or any parent or subsidiary of the Company, and the Company or any such parent or subsidiary employing the Optionee may terminate his/her employment at any time and otherwise deal with the Optionee without regard to the effect it may have upon him/her under this Agreement.

Appears in 1 contract

Samples: Act Teleconferencing Inc

Discontinuance of Employment. This Agreement shall not give the Optionee Participant a right to continued employment with the Company or any parent or subsidiary of the Company, and the Company or any such parent or subsidiary employing the Optionee Participant may terminate his/her employment at any time and otherwise deal with the Optionee Participant without regard to the effect it may have upon him/her under this Agreement.

Appears in 1 contract

Samples: Tennant Co

Discontinuance of Employment. This Agreement shall does not give the Optionee a right to continued employment with the Company or any parent or subsidiary of the Company, and the Company or any such parent or subsidiary employing the Optionee may terminate his/her employment at any time and otherwise deal with the Optionee without regard to the effect it may have upon him/her under this Agreement.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Hutchinson Technology Inc)

Discontinuance of Employment. This Agreement shall not give the Optionee Participant a right to continued employment with the Company or any parent or subsidiary Subsidiary of the Company, and the Company or any such parent or subsidiary Subsidiary employing the Optionee Participant may terminate his/her Participant’s employment at any time and otherwise deal with the Optionee Participant without regard to the effect it may have upon him/her Participant under this Agreement.

Appears in 1 contract

Samples: Non Qualified Stock Option Award Agreement (Clearfield, Inc.)

Discontinuance of Employment. This Agreement shall not give the Optionee a right to continued employment with the Company or any parent or subsidiary Affiliate of the Company, and the Company or any such parent or subsidiary Affiliate employing the Optionee may terminate his/her employment at any time and otherwise deal with the Optionee without regard to the effect it may have upon him/her under this Agreement.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (M/a-Com Technology Solutions Holdings, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.